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What Happens When All The Engineers Are Rich Enough To Retire?
Have you ever wondered what happens when all the engineers are rich enough to retire? Historically, this was never all that likely but with how big tech companies have been recently performing, it’s becoming the reality and making companies. The most notable example is none other than Nvidia. In fact, the average Nvidia employee is likely worth over $10 million given that Nvidia employees tend to have longer tenures and the fact that the stock has grown hundreds of fold within the past decade. So, what happens when all of these engineers decide to take it easy and retire? Well, ironically this is rarely the situation that ends up happening due to a variety of reasons. For starters, these engineers are constantly surrounded by people who are just as well off, so they never feel the need to retire when no one else has. Moreover, most of these engineers have always lived well below their means and stopped working for money alone long ago. This video explains the rise of engineering deca millionaires and why that may not matter all that much.
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What Happened To Sprint?54 Million Customers To Bailout
Sprint was once one of the largest telecom companies in America. In fact, they were at one point even trying mergers that would make them the largest telecom company in America. But, over the past 20 years, Sprint has slowly faded into oblivion largely because of their own missteps. For one, Sprint lost their identity as the underdog that was powered by community and goodwill. They became just another massive corporation that lost touch with their core user base. On top of this, they botched multiple pivotal deals that put them back tens of billions of dollars, something that they were never able to recover from. All of this made them inferior to the competition but Sprint continued to act like nothing changed. Pretty soon, the only reason that customers stuck around at Sprint was to take advantage of cell phone deals and incentives. This led to Sprint bleeding customers and revenue until T Mobile finally bought them out and completely killed the brand. This video explains the story of Sprint and what happened to the oncemassive telecom company.
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How Peter Thiel Made $10 Billion Without Ever Working
Have you ever heard of a selfmade billionaire who made it there with minimal effort from themselves? Whether they’re a tech billionaire, a finance billionaire, or a real estate billionaire, usually getting to where they are takes decades of grinding. But there is one guy who was able to not just make $1 billion but $10 billion without ever really working, and that guy is Peter Thiel. The bulk of Peter’s wealth was made through earlystage startup investments. This included the likes of PayPal, Facebook, Ethereum, Lyft, Yelp, Airbnb, Spotify, SpaceX, and Stripe. And the craziest part is that he didn’t even start off with his own money, he actually started with borrowed money from friends and family. He would take a spread on the profit that he made for his friends and family, and eventually, he had enough capital to make investments himself. This video tells the insane story of Peter Thield and how he was able to make $10 billion without ever working.
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Why Even The FBI Gave Up On The Pirate Bay
The Pirate Bay is one of the most legendary websites of all time. While Hollywood and copyright holders around the world hated the site, it was extremely popular, to say the least. The website was hosted by three scallywags from Sweden who believed in the free sharing of all information. All three of its founders were early members of Sweden’s Piracy Bureau which advocated for copyright reform. Some members of the bureau traveled around the world and gave speeches about the topic. But our trio would create the legendary platform: The Pirate Bay. At first, Hollywood tried taking down the site for years conducting multiple police raids and even throwing the founders in jail. But, despite their efforts, the Pirate Bay managed to rise up after each and every takedown. At one point, the founders actually quit hosting the Pirate Bay but the site was still continued by fans. In fact, there were so many parodies of the site that authorities simply quit trying to take down each and every one of them as that was simply impossible. This video tells the legendary story of The Pirate Bay and its three founders: Fredrik Neij, Gottfrid Svartholm, and Peter Sunde.
**DISCLAIMER** This video does not encourage nor condone piracy or violation of copyright rules and regulations. **
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What Happened To YouTube?
YouTube is by far one of Google’s most successful products with billions of monthly users and trillions of hours of entertainment, information, and knowledge. As such, it’s not surprising that YouTube has continuously grown in revenue ever since it launched, but recently for the first time in history, it seems that YouTube is experiencing a decline in ad revenue. For 3 consecutive quarters between 2022 and 2023, YouTube ad revenue has declined as advertisers pulled back due to recession and high inflation fears. This has raised the question of whether this is just a temporary pullback or if we have simply reached peak YouTube. This question becomes harder to answer because YouTube’s ad revenue is also being hurt by an X factor: shorts. It’s no secret that shorts are far less profitable than longform video, so by pushing people to watch shorts, YouTube is unintentionally cannibalizing their own revenue. This video explores some reasons why YouTube’s ad revenue may be declining and what this could mean for the future of YouTube.
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Market Saturation = 98.9%What Now?
For decades, big tech has been focused on one singular goal: infinite growth. They leveraged every tactic in the book from monopolistic practices, data collection, and even pandering to communist governments to keep revenue and profits growing. But, for the first time in history, it seems that big tech is running into a massive roadblock. The issue is simply that big tech is running out of consumers to convert onto their platforms because everyone is already using their platforms. With WhatsApp, for example, the market penetration is 98% or above in several countries. As such, big tech is no longer able to continue growing by converting more users. Instead, they’re having to focus on maximizing revenue per user. This is why we’ve been seeing more ads, more paid services, and a larger push to monetize users. However, this strategy can only go so far. This video explains the challenges big tech faces as they reach market saturation and the end game for big tech.
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Was Toyota Right About EVs All Along?
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Elon's Fading Relevance...What Happened?
Not too long ago, Elon Musk was by far the most cherished billionaire in the world. Many felt that Elon was not just making the world a better place but literally saving humanity with his climate change and space colonization efforts. But, more recently, it seems that Elon has largely fallen out of favor. In fact, public perception polls very much confirm this trend, but what happened? Well, there is not a single event that changed Elon’s public reputation. Rather, it was a string of events that slowly made people stop rooting for him. For example, his hostile takeover of Twitter, his decision to take political sides, and most importantly, the fact that he is no longer the underdog. This video explains the slow deterioration of the Elon’s fan club and the future of Elon’s reputation.
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Whatever Happened To Yelp?
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0:00The State Of Yelp
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Jeep Tried To Milk Customers...Ended Up Losing $62 Billion
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